Post Date : 11/06/2017
EU and France will give a grant of 3.5 million euros to three Indian cities- Nagpur, Kochi and Ahmedabad as part of the EU’s commitment under the Paris Climate agreement to curb emissions and promote sustainability in these cities.
The grants have been provided to help India’s smart city programme under the ‘Moblise Your City’ (MYC) initiative. India has become the first country to get benefits from the MYC initiative. The MYC initiative is supported by the French and German government and also has financial support of the European Union (EU).
The initiative is aimed at helping 100 cities across the world to reduce Green House Gas (GHG) emissions by promoting sustainable urban transport and sustainability in urban spaces. MYC initiative was emphasised by the Indian and European leaders during Prime Minister Modi’s recent visit to Europe. Further it has been stated that more funds would be offered to India to carry forward its sustainable transport initiatives on the three smart cities.
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